Hsbc

The Isle of Harris Distillery has been supported with a £750,000 CBILS loan from HSBC UK to help mitigate the potential impacts of lockdown and refocus on international growth.

Galashiels-based timber harvesting contractor Dick Brothers Forestry has secured £300,000 in asset financing from HSBC UK to purchase the UK’s first, and the world’s fastest, timber forwarder.

Edinburgh-based waste management business NWH Group has invested in a £2 million recycling super plant that will save 20,000 tonnes of industrial waste from going into landfill each year with asset financing from HSBC UK.

Coffeepots, a Costa Coffee franchise in Cumbernauld, is resuming plans to build the town's first drive-through coffee shop after securing a £600,000 financing facility from HSBC. Coffeepots, owned by Pat Dunese and Colin Wilson, expects to create 25 new jobs when the latest outlet opens e

HSBC has halted issuing COVID-19 loans to new business customers as it struggles to meet the demand for Government-backed financial support.

Mortgages are in such short supply that UK banks have begun encouraging prospective buyers to secure them in online “fire sales”.

M&D Green Group, one of Scotland’s largest independent pharmacy operators, has acquired a new store in Musselburgh using seven-figure financial backing support from HSBC UK.

Glasgow-based fashion company Quiz has agreed two months of breathing space with HSBC after agreeing an extension of its existing banking facilities from £1.75 million to £3.50m.

The price of gold has reached an all-time high as tensions build between the United States and China while coronavirus infection rates increase once more.  

HSBC has lifted the three-month pause on its restructuring plan which will see the bank cut up to 35,000 jobs.  

HSBC has announced that its profits before tax have dropped by 48% to $3.2 billion as the coronavirus pandemic wreaks havoc on the global economy.

A family-owned transport business Migdale Transport, which is based in Bonar Bridge, Sutherland, has purchased a new vessel, creating 14 new jobs for the region, following a £13.5 million loan and asset financing deal with HSBC UK. The firm, which specialises in the transport of live fish acro

Banks across the UK have seen their share prices drop as they were forced to freeze dividend payments and share buybacks after the Bank of England's Prudential Regulation Authority (PRA) called for the dividends to be suspended.

Muthill-based FIMM Potatoes, which supplies table and seed potatoes to the UK, Europe, North Africa and the Middle East, is modernising its operating processes after securing £1 million in support from HSBC UK.

Following growing criticism, high street banks have backtracked on loan requirements which insisted that business owners provide personal guarantees for government-backed loans.